Q: Is society intoxicated with technology? Does this pose special problems for b
ID: 388417 • Letter: Q
Question
Q: Is society intoxicated with technology? Does this pose special problems for business with respect to the ethics of technology? For example, a lot of people are addicted to smartphones and social media. Another example is that many people believe that new technologies will be invented to solve existing issues (such as global warming) primarily caused by technological advancement.
Q: As an MNC (multinational corporation) seeks to balance and honor the ethical standards of both the home and host countries, conflicts inevitably will arise. What criteria do you think managers should consider as they try to decide whether to use home or host country ethical standards? Does the use of hypernorms help? Explain.
Explanation / Answer
1. we accept or not, the society is now at much danger condition. The irregular and unusual food habbits, depending more and more on technology, heavey psychological stress, etc are the reasons for this. Most of the people are not interacting directly with the people. Most of the times they are spending time with electronic gadgets only. Kids and children also edicted for these for different purposes, do not having physical excercises and facing many health realted problems like Obessity, Heavy colestrol etc.
Most of the new technologies are bringing many new features and facilities to people at the cost of their lives. Unkonwingly people are edicting for these and they are losing the lives in different ways.
2. Most of the MNEs and MNCs are losing their ethical balance and ethical standards due the heavy competition and with profiteering practices. No company enters into host coutry to serve the people without expecting profits. Once they achieve the targets in terms of profits, they left the place simply. They do not considering the basic objective of being rich. Aim to be happy? A Chinese proverb offers advice: “If you want happiness for a year, inherit a fortune. If you want happiness for a lifetime, help somebody else. The art of giving” appears to be making inroads in India, with corporate going beyond corporate social responsibility (CSR) activities, and even roping in employees to do good.
there may be some discriminations about ethical programs and conepts among nations, but the ultimate objective is same, i.e. protecting the nature and serve the people. if the firm is doing these two either domestically or internationally, it is acceptable only.
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